NYMEX

Wyden: CFTC Attempting to Undermine FERC Enforcement

Top Senate lawmakers four months ago called on FERC and the Commodity Futures Trading Commission (CFTC) to execute a memorandum of understanding (MOU) to coordinate their actions in monitoring natural gas and electricity market trading. But the agencies apparently have failed to iron out their disagreements, mostly over jurisdiction.

September 9, 2013

New Jersey Natural Gas Preparing for Next Superstorm

Officials with New Jersey Natural Gas (NJNG), which was the hardest hit of all the natural gas utilities on the East Coast when Superstorm Sandy struck last October, have submitted a plan to the New Jersey Board of Public Utilities (BPU) that is designed to give the distribution infrastructure and its customers greater protection from the next super storm.

September 9, 2013
IHS: Shale Production Boosting U.S. Household Income, Economy, Trade

IHS: Shale Production Boosting U.S. Household Income, Economy, Trade

Domestic unconventional natural gas and oil production is increasing household incomes, boosting trade and contributing to an increase in U.S. competitiveness in the world economy, IHS Inc. said Wednesday.

September 9, 2013

Ohio Injection Wells Linked to Nearly 100 Small Quakes

Nearly 100 small earthquakes that hit northeast Ohio throughout 2011 and into early 2012 were triggered by a now-shuttered wastewater disposal well in Youngstown, according to a Columbia University researcher.

September 9, 2013

North American Natural Gas Markets Dictated by Marcellus

The United States may be able to “considerably” increase its natural gas demand, and gas exports from North American offer compelling market opportunities, but the Marcellus Shale will dictate the direction in any scenario, according to the Canadian Energy Research Institute (CERI).

September 9, 2013

Most Points Register Healthy Weekly Gains

For the week ended Sept. 6 the national physical gas average price was $3.65, up 11 cents. Most market points — with the exception of a handful of spots in the Northeast, Midwest, and Midcontinent — added a dime or more.

September 9, 2013
Natural Gas Boom in Michigan? Possibly, With Caveats

Natural Gas Boom in Michigan? Possibly, With Caveats

University of Michigan (U-M) researchers last week issued seven technical reports that together form what may be the most comprehensive state-focused resource on drilling, and in particular, unconventional drilling using hydraulic fracturing (fracking).

September 9, 2013

Mild Summer Temps Masking Bullish Gas Market Signals

Mild summer temperatures have masked bullish signals for the U.S. natural gas market, with industrial demand aggressively growing and net imports dropping more steeply than expected, according to Barclays Capital. However, onshore natural gas production still is on the upswing and likely will dictate prices.

September 9, 2013

EIA: Regional Factors Differ for Storage Capacity Utilization Levels

With the 2013 natural gas storage refill season still humming along with weekly injections that are higher than historical comparisons, it is important to remember that storage levels and available capacity for working natural gas, or natural gas that is used for withdrawal, respond to a different set of factors in each region, according to the Energy Information Administration (EIA).

September 9, 2013

Who Owns ‘American Energy?’ Courts to Decide

American Energy Partners LP, the oil and natural gas venture helmed by Aubrey McClendon, is in a legal battle with an Ohio-based coal miner over the use of the name “American Energy.”

September 9, 2013